Honorable Burt R. Solomons, Chair, House Committee on State Affairs
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB4261 by Rodriguez (Relating to establishing a no-interest loan program to promote the use of energy efficiency measures and renewable energy technology in certain residential dwellings and commercial buildings.), As Introduced
No significant fiscal implication to the State is anticipated.
This bill would amend the Government Code and require the State Energy Conservation Office to establish and administer a program to make and guarantee no-interest loans to small businesses and individuals for projects related to renewable energy technology. It is assumed that any additional costs associated with the implementation of the bill could be absorbed within existing state resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.